Why's silver getting hit so hard?

for the last few years, every slv day with that kind of volume has been a puke low - although that is in the context of a silver bull market, which this may or may not be
 
what's frustrating, is that silver was down because dollar based assets were being liquidated, then silver went down because the dollar went back up

sooooooo, silver is down if the dollar is down, or if the dollar is up
 
From Oscar's youtube video today [I sure don't know anything about commodities or what people with lots of money do but it's worth a mention here]: When people get margin calls they don't unload their stocks, they unload commodities. Maybe they got margin calls and decided to toss the silver out of the lifeboat before the other stuff?
 
what is the benefit to holding silver when everything is cratering, I would rather hold government t-bills at least those are safe and I get paid to wait.
 
Quote from moo:

Nonsense. All Ted Butler knows about short positions can be seen in this chart.
http://www.softwarenorth.net/cot/current/charts/SI.png

Clearly, commercial shorts are close to their LOWEST, not highest, levels of the year.

Permabull Butler may know a lot about silver, but he does not seem to understand much about trading or the markets.
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I was about to post the EXACT same link. The commercials are ALWAYS short silver. If they ever go net long, take your house, mortgage it and buy silver.
 
Quote from maxpi:

From Oscar's youtube video today [I sure don't know anything about commodities or what people with lots of money do but it's worth a mention here]: When people get margin calls they don't unload their stocks, they unload commodities. Maybe they got margin calls and decided to toss the silver out of the lifeboat before the other stuff?
More...

they mentioned this on bloomberg today too and that beans went limit down.

silver vs gold...silver had been kicking gold's ass for so long that maybe its just time for gold to close the gap some more.
 
I expected the Commercials to increase there short position this week but amazingly they reversed even more short positions and have not been at these low short levels for years, imo silver is ready to explode.
 
Butler's concern is the large concentrated short. There's four "entities" (I say entities because they could be large groups of investors and people who feel the need to hedge) holding most of the short contracts.

Silver is down because it's an industrial good as well as "money" Industry is going to slow, producers short their physical to save their books because less of their physical is being sold.

Teddys claims are pretty interesting, but without unmasking the "four" then we'll never know if there's manipulation or not.
 
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